On September 20, a unanimous Fed announced that a reduction of its balance sheet would begin in October, starting with a cap of $10 billion per month in securities. This reduction will be carried out by allowing securities to mature and not... Read more
Barbara McKenna, CFA, Managing Principal and Portfolio Manager, was recently featured in Boston Voyager magazine. Part of the LA-based Voyage group of magazines, this local magazine features interviews with inspiring entrepreneurs and independent... Read more
LIM is pleased to announce the recent addition of Heather Meehan, CFA, to the firm’s investment team as a corporate trader. Ms. Meehan serves as a corporate trader focused on both investment grade and high yield. Read more
LIM is pleased to have been awarded the “Merger Arbitrage Fund of 2016” at the Investors Choice Awards in New York. LIM’s Arbitrage Strategy was selected ahead of two other finalists in the category. This event was hosted by Allocator, a data... Read more
The Fed increased the range on the federal funds rate • To (0.75% - 1.00%) from (0.50% - 0.75%) • This was the third rate hike since December 2015, while keeping the federal funds rate in a range Read more
Touchstone Investments has reopened the Touchstone Merger Arbitrage Fund to new investors. The Fund is sub-advised by Longfellow Investment Management Co., which also serves as sub-advisor to the Touchstone Arbitrage Fund. Read more